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Daily: European power prices increase tracking gains in coal and carbon prices
WTI crude oil reversed earlier gains on Monday, dropping more than $1 and Brent crude also declined as U.S. dollar rally outweighed concerns about conflicts in Libya and Ukraine. U.S. front-month crude futures slipped as low as $77.20 before settling at $77.40 per barrel, down $1.25. Brent crude also closed down more than $1 per barrel at $82.34.
read more... 11/11/2014
Finland signs electricity export agreement with Russia
Finland on Friday signed an accord that permits power exports to Russia from the beginning of December, as stated by its grid firm Fingrid, making two way flows on the connection that had been employed for imports.
read more... 10/11/2014
Daily: European power prices fell on robust renewable supply
Crude oil markets declined on Thursday following a one-day hike as concerns about strong supplies returned to pursue traders, while a dollar rally added to the pressure, weighting on commodities priced in the currency. At the settlement, Brent's front-month declined by 9 cents to trade at $82.86 a barrel, compared to its 90 cent- decline earlier in the day. U.S. crude close down 77 cents at $77.91, after slipping as much as $1.56 during the session.
read more... 07/11/2014
Czech company EPH acquires Eggborough power plant in Britain
Czech energy firm EPH has decided to acquire the Eggborough coal-fired power plant from Eggborough Power Limited, making its first purchase in Britain as part of a growth drive, as stated by Czech company on Wednesday.
read more... 06/11/2014
Solar latecomer France starts construction of Europe’s biggest plant
France started the construction of Europe's largest photovoltaic solar power plant, making up some lost ground against its neighbors.
read more... 06/11/2014